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NTPC posts marginal rise in net profit at Rs 2,600 cr

Sales for Q1 FY2019-20 rose by 6.55 percent to Rs 24,192.59 crores, up from Rs 22,703.60 crores in Q1 FY2018-19

PSU Watch Bureau

New Delhi: State-run NTPC posted a 0.57 percent rise in net profit year-on-year at Rs 2,602.79 crores compared with Rs 2,588.14 crores in the corresponding quarter of the previous financial year.
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Sales for Q1 rises 6.55%

Sales for the June quarter of financial year 2019-20 rose by 6.55 percent to Rs 24,192.59 crores, up from Rs 22,703.60 crores in the first quarter of the previous fiscal year. EBITDA for Q1 FY2019-20 stood at Rs 6,452 crore, whereas margin came in at 26.70 percent. Shares of NTPC slipped 0.72 percent to close at Rs 123.80 on Friday.

IOC to get Rs 14,486 cr compensation; revenue to be recognised over 12 months

Power Grid observes Vigilance Awareness Week across India

Titagarh Rail Systems bags Rs 2,481 crore order from MMRDA for Mumbai Metro Line 5

Abhishek Swami is set to be next Director (Finance) of MRVC

Amit Yadav (IAS) assigned additional charge as Secretary of DEPwD